HOUSTON-A five-building, 230,612-sf portfolio goes from one group of investors to another in a sale of class B, suburban office properties. The transaction, says the seller's broker, is a true validation of the Houston market's appeal to investors.

SAN DIEGO-Lankford & Associates and National Electric Benefit Fund have joined forces to build the Broadway 655, a 475,000-sf office complex. Construction is slated to begin in May.

DALLAS-The DFW region wrestles with the highest amount of sublease space in the nation, nearly eight million sf at Q3's close, says Grubb & Ellis. Add in the 39.2 million sf that's currently vacant and 8.3 million sf under construction and the mercury's dangerously high.

LOS ANGELES-Sempra Energy and CMS Energy would build the natural gas facility about 60 miles south of San Diego. The plan marks Mexico's growing importance in US efforts to ease the West's power crisis.